U.S. economy on schedule to crash March 4, 2014

[superconsciousness]

With the global economic/financial system becoming increasingly complex, and with leadership becoming increasingly inept at fixing the problem, imbalances within the system will require some sort of hard reset. The U.S. has been spending more than it makes for decades, while other nations have done the opposite, so of course there will be a currency reset...that one is a no-brainer. The tough one is exactly when it will go down...we'll know soon enough, and if the reset is trade-centric, then the devaluation won't impact everyday purchases for a couple weeks, then inflation will begin to really hit the U.S. and Western nations and Japan. Since the world is so interconnected, this reset will in turn create other imbalances, which is where the phase 2 collapse scenario comes into play shortly thereafter. That all makes sense. Greece survived its slow-motion collapse...the rest of the world will, as well, but it will get much worse before it gets better.

[Azt]

I hope we do not have an economic collapse and at the end is business as usual (means nothing change) but if we are going to have a complete shift beyond our current economic models (GDPs growth, income taxes, private bankers controlling the federal bank etc...) I say, let it burn. We need to get out of the economic illusions that we face today. It is not about our generation anymore, it is about the future ones. Time to clean up the house and restart fresh in a new generation to be formed in 20 years from now.

[Robert J. Niewiadomski]

It's nothing "terrifying" to have many zeros on your "bank notes" Back in 80's and in early 90's all Poles were millionaires Then capitalism started for good and prices have been divided by factor of 10'000 and everybody became "poor" next day

For 1mln PLZ ("old" Polish zloty) you could buy ~10kg of ham...
Now you need "only" ~300 PLN ("new" Polish zloty) for the same amount...

The world will not end with the collapse of USD. There is always healthy barter of goods and services to meet the ends

[giovonni]

Harvard Economist Expects Bank Runs, Withdraws $1 Million from Bank of America

Source: https://youtube.com/watch?v=OZVgiS89amc

[Camilo]

Giving specific dates for events of this nature has never been appropriate, as whatever is expected to happen never happens as announced.

¤=[Post Update]=¤

The state of the US stockmarket

We saw the DOW fall by 326 points on Monday to 15,373, a fall of some 2%. This is a fall of 1,203 from the high of 16,576 on December 30, 2013, a fall of some 7.25%. It has taken out some support levels on the way, notably 15,740. In my view, if the market breaks the double bottom of 14,776, then it may fall quite some distance. A target of 7,687 comes to mind. Heard much about this fall in the mainstream press? I haven’t. These things happen when “Joe Average” is not looking.

As a friend of mine who has been invested in gold and cash for a couple of years shared with me recently, one of the pundits he watches commented that being in the stockmarket last year was like picking up pennies in front of a steamroller (thanks, John). I like the image.

I am not saying I know where this is going. I don’t. But if I had money in the stockmarket, I would be getting it out, regardless of the country I am in. Yes, the DOW made new highs this year, but the Aussie market has not got within a 1,000 points of its 2007 high. The buy and hold model only works when there is a rising market, which there has been in the living memory of most of today’s investors.

We need to study history if we are to avoid repeating it. Be careful, my friends.

[Lcam88]

In economics there is a term: self-realizing prophecy (http://medical-dictionary.thefreedic...ising+prophecy)

The fundamental idea is that when people believe something will happen, their decisions made that where reactions to the belief cause the fulfillment of that belief.

That is why the "too big to fail" actions taken by government are essential keeping the economy in order. That's why Bernanke authorized the Feds to extend life support to gov't buy buying Gov't bonds at 85B per month at 0% interest. All that is in vain if people continue to believe a crash is imminent. EDIT: ironically, it also may be for this very reason that some people foresee a crash: too much money printing!

I think the key is for people to believe a crash can and will happen but just not now. Maybe tomorrow, but not now. Must also believe in a tomorrow that never comes.

[gripreaper]

Source: https://youtube.com/watch?v=80u-F3jKr2M

[superconsciousness]

We never heard back from Grady Means, and after reading his book 'The New Enlightenment', it's clear that he thinks a lot about both spiritual and economic matters, but there is no clue found in his book to suggest why he would know a specific date for an economic collapse scenario that far in advance unless such a date was either pulled out of thin air or his elitist network told him point blank that that was the date they chose to pull the plug on the global economy. Again, here is what Mr. Means said:

“There is a very large probability that the real end of the world will occur around March 4, 2014.

The doomsday clock will ring then because the U.S. economy may fully crash around that date, which will, in turn, bring down all world economies and all hope of any recovery for the foreseeable future — certainly over the course of most of our lifetimes. Interest rates will skyrocket, businesses will fail, unemployment will go to record levels, material and food shortages will be rampant, and there could be major social unrest.

Any wishful thinking that America is in a “recovery” and that “things are getting better” is an illusion.

The central issue is confidence in America, and the world is losing confidence quickly. At a certain point, soon, the United States will reach a level of deficit spending and debt at which the countries of the world will lose faith in America and begin to withdraw their investments. Many leading economists and bankers think another trillion dollars or so may do it. A run on the bank will start suddenly, build quickly and snowball.

At that point, we will need to finance our own deficit, and we will not be able to do so. We will raise bond rates to re-attract foreign investment, interest rates will go up, and businesses will fail. Unemployment will skyrocket.

The rest of the world will fully crash along with us.”

================================

A VERY anomalous article, indeed...not sure what to make of it. Recommend keeping a decent stash of cash on hand, just in case. Below suggests that the Fed's actions won't trigger anything out of the ordinary at the very end of February:
http://online.wsj.com/news/articles/...69240806035508

If Congress extends the debt limit deadline until the first quarter of 2015, then the Treasury running out of extraordinary measures won't happen at the end of the month either...there would be no reason to expect a trigger to destabilize the dollar on or about March 4th. If Congress gets another wild hair and drags out the debt ceiling debate, that could trigger instability at the end of this month...other than that, some terrorist attack or another Sept 2008 tanking of the markets by unknown parties, which could happen at any time so that doesn't help much. Unless Grady unexpectedly responds to our inquiry or someone on those circles goes public with the same date and an explanation as to why that date is significant (highly unlikely...), we'll have to just wait and see.

[superconsciousness]

Hard to believe a Fulford post would tie into elitists in the U.S. but the timeline is a match:

Ben Fulford The countdown begins 2/10/14 Secretary of Skull and Bones Kerry goes on begging mission

http://blogdogcicle.blogspot.com/201...ins-21014.html

The families that own the Federal Reserve Board missed making gold payments due on January 31st so they now have to scramble to find gold before February 27th or face the bankruptcy of their United States of America Corporation. That is why Secretary of Skull and Bones John Kerry is off this week to beg for gold from the United Arab Emirates, Indonesia, South Korea and China. The cover story about the US Congress having to raise the debt ceiling in order to avoid government bankruptcy is only fooling a steadily shrinking group of the brainwashed living dead.

When they missed their payment last September 31st the cabalist were able to postpone bankruptcy by making a deal with Iran, selling weapons to China and a few other tricks. Let us see if they manage to kick the can down the road once again perhaps by offering the Okinawan archipelago to China or some such thing.

Otherwise President Obama can prove he is the real deal and start issuing US government currency instead of borrowing foreign Federal Reserve Board debt notes misnamed the US dollar.

Then again something entirely different might happen. According to the P2 Freemason lodge, Pope Francis and Obama signed an agreement... (click on the link above for the full blog post).

===========================

I don't know about you, but the last organization to be trusted with the fate of humanity is the so called White Dragon Society...

Source: https://youtube.com/watch?v=Oh4hnJ_h7_o

Any organizations or individuals rising up to the top of the dung heap at this time cannot be trusted...period. Anyway, Feb 27th comes and goes without a behind the scenes agreement, don't be surprised if the debt ceiling vote doesn't go through by the 28th, assuming of course that Congress doesn't pass legislation before going on recess later this week. The article below suggests that the debt ceiling issue will be resolved this week:

http://www.washingtonpost.com/politi...5fb_story.html

...and so it has:
http://www.nytimes.com/2014/02/13/us...=politics&_r=0

in which case the stalemate of economic/geopolitical forces continues without resolution, which is the most likely scenario. We don't expect resolution anytime soon, so long as terrorist activities continue to proliferate throughout the Middle East and emerging economies continues their precipitous decline, which in turn fosters more terrorist activity.

http://www.bibliotecapleyades.net/so...nspiracy49.htm

Then you have Lindsey Williams stating that the economy would not be allowed to completely collapse until Obamacare is fully implemented...looks like we'll have to wait until 2016 if that's the case:
http://www.zerohedge.com/news/2014-0...-100-employees

Wonder if this might trigger something on the 4th:
http://www.debka.com/newsupdatepopup/7215/
March 3 set for Netanyahu White House visit
DEBKAfile February 12, 2014, 10:11 PM (IST)
The White House announced Wednesday that Prime Minister Binyamin Netanyahu will meet President Barack Obama on March 3. They will discuss progress in negotiations with the Palestinians, the Iranian nuclear question and other regional issues.

Possible Middle East (False) Peace Agreement being finalized?
http://www.veteranstoday.com/2014/02...ise-agreement/

The term Order out of Chaos, in Latin Ordo ab Chao, is the slogan of the 33rd degree of Freemasonry...keep that in mind as events unfold over the next few years. It appears that we will be contending with a slow-motion collapse, rather than a monumental seismic shift beginning on or about March 4th...or any date for that matter. In other words, it appears that it's a free-for-all behind the scenes, and that probably won't change anytime soon.

[gripreaper]

The families that own the Federal Reserve Board missed making gold payments due on January 31st so they now have to scramble to find gold before February 27th or face the bankruptcy of their United States of America Corporation.

The UNITED STATES Corporation has been AND IS in bankruptcy since 1861, with the initial 70 years running to 1931 where all the rest of the tangibles and intangibles (our birth certificate bonds) were pledged for a line of credit and renewed again in 2001 (think 911). So, it is misleading to suggest that the US will go bankrupt if "this or that" does not happen by "such and such" a date.

What would be more correct, is that the Federal Reserve will not issue any more credits based on the performance of the bonds it holds, because THEY are not being paid. To suggest that the Federal Reserve owes gold to the rest of the world, which it has in abject and overwhelming debt, is not true IMHO.

[gripreaper]

OK, if history is to repeat itself, then this is the test. The S&P and the Dow completed the right shoulder and the Dow attempted to recapture 16,000 twice, once last night and again this morning.



The market drifted all day, and now in the aftermarket, Dow futures are down 150 points from today's highs following Japans Nikkei 225 futures are down almost 500 points from their Yellen-Tuesday peak.



Should be interesting to see if this plays out.

http://www.zerohedge.com/news/2014-0...0-todays-highs

[Cristian]

Side note : If the history is repeating itself , the big market drop is not pictured entierly in your graphs grip. (highest point of 381,17 was in 1929 and lowest point 41,22 was in 1932...so for a 16000 DOW in late 2013 we can expect a quote around 1700 in 2016...now that's a market drop )

Here is an estimate made by a member of another forum :

[superconsciousness]

http://www.zerohedge.com/ is a good site to track market activity over the next two weeks until Grady Means's D-Day arrives. www.marketwatch.com is also helpful - a good balance between Zerohedge and Marketwatch when monitoring markets. I've monitored both sites for a while, and Zerohedge articles are really ramping up lately, which may or may not indicate an imminent market crash...news is just getting worse. Marketwatch keeps more of a level-headed approach to market activity. I personally don't think anything will happen in two weeks above and beyond the normal noise of market activity...but this article written by someone like Grady Means is just weird.

Source: https://youtube.com/watch?v=EK9oJzQwpY4

[superconsciousness]

Compare with a longer-range chart of the stock market during the Great Depression...market collapses are rather long, drawn out processes.



This chart suggests that Grady may be part of the network involved with ensuring today's market follows the chart above. That's how he would have been able to predict what would happen...because he's part of the network controlling the markets. Nothing magical about that, though Grady's latest book, "The New Enlightenment" suggests that his thinking is superior.

http://www.amazon.com/The-New-Enligh...ds=grady+means

Typical elitist...speaking of elitist stunts, check out this rebuttal of the "I Am A Ukranian" video that has tallied up over 4 million hits to date.

Source: https://youtube.com/watch?v=-OBeYg8KdtY

The original video here (6.2 million views and counting...):

Source: https://youtube.com/watch?v=Hvds2AIiWLA

Obviously, an East vs. West conflict is being staged, so PRAY PEACE.

[superconsciousness]

http://investmentwatchblog.com/fed-s...top-the-taper/

TRANSLATION: Something big will stop the taper...probably in March if Grady Means is correct, but the track record for someone predicting a date for something like that is rather abysmal...

[superconsciousness]

http://economictimes.indiatimes.com/...w/30780054.cms

The chart linked below shows a shaded red region - that's the region we're entering now in the U.S. As you can see, the stock market didn't bottom out in one day, but there was a critical point where it was no longer able to remain at previous levels, which is the event most people refer to when talking about the "Crash of 1929". That market level trend from the last 1920s accurately projects the impact of Fed QE tapering in the U.S. today.

http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929

No point in going into further detail/analysis...just note that this is the phase of the debt supercycle that we are now entering.

...and just to remove ANY doubt that we've lost the bubble in America:

Source: https://youtube.com/watch?v=HOK4aBYNh3s

[ulli]

Posted by surfer (here)

...and just to remove ANY doubt that we've lost the bubble in America:

Source: https://youtube.com/watch?v=HOK4aBYNh3s

Yep.
Few videos have illustrated that point as well as this one.

[Labrenthina]

As soon as you mentioned South Korea my mind went to recent reports of dodgy deals Australian gov has made. They have also made deals with US also...and keep in mind the looming 'TPP' too(Trans Pacific Partnership)...I feel this is all linked yet can't work it out yet so I'll just throw it out there to you clever cookies...
Here is article- http://www.businessspectator.com.au/...argaining-chip

[superconsciousness]

Meet Grady (and his wife Gayle) Means:



After graduating from Notre Dame high school, I received undergraduate and graduate degrees in economics and engineering from Stanford University which I attended on athletic and academic scholarships. I taught at Stanford for a while and then ended up in the Nixon administration as an economist in the Department of Health, Education and Welfare and then served in the Ford White House as a special assistant for domestic policy to Vice President Nelson Rockefeller.

After the Nixon/Ford years, I started a consulting firm called Sage Associates which eventually merged with Coopers and Lybrand which then merged again to become Price Waterhouse Coopers Consulting in Washington DC. As a Managing partner, I oversaw a team of 3500 consultants and a business of $1.2 billion. The business provided strategy consulting, operations consulting, technology development and implementation, software support, and outsourcing services to government agencies and large corporations. Eventually I, along with several partners, led the acquisition by IBM of PWC Consulting. Following the integration of my business unit into IBM, I semi-retired and we bought a second home in Half Moon Bay, California to be close to our children who are attending Stanford University. So, today we split our time between the right & left coast. I enjoy riding my motorcycle, sailing, fishing. golfing and authoring books on economics and spiritualism.

=============================

Below is a current snapshot of a stock market chart comparison between current market activity through today's closing numbers and the 1928-29 period.



Similar, but not a perfect fit...still worth nothing, nevertheless. March looks like a bad month for the markets if the trend were to continue. The next FOMC (Federal Reserve) meeting is scheduled for March 18-19, so with continued asset tapering in the works, markets may either react prematurely to the expectation that tapering will continue (stock market crash prior to March 19) or will ride the storm and wait until the Fed announces continued tapering of asset purchases.

http://www.federalreserve.gov/moneta...ccalendars.htm

Our network is expecting a 10+% correction in the markets, which would roughly match the correlative decline between 1929 and today's market numbers...not a game ender, but enough to grab everyone's attention...enough to force the Fed's hand into delaying further tapering of asset purchases into the second half of 2014.

Why does all this matter?...well, we're either looking at a systemic collapse within a matter of weeks, or little more than a market correction and a ramp-up in inflation going into FY 2015 (fiscal year 2015 begins on Oct 1, 2014). That's why. The majority of data and research to date suggest that the latter is the more accurate assessment.

Plainly stated, Grady Means is wrong on the date, but the end state is largely accurate. The hard reset when it does transpire sometime in FY 2015 will wipe out the majority of wealth held by individuals on the planet today. There will be a continued trend toward bifurcation between the Haves and the Have Nots over the next several years...more people will go without, while the elite become more isolated and corrupt.

The "arrival of Superconsciousness" will serve to uplift the masses, at a time and circumstance of Universe's choosing, to ensure that the elite are removed from the human collective like an infected appendix...we'll do just fine without them.

https://projectavalon.net/forum4/show...-Without-Money

[Limor Wolf]

No Grady Means in Caliber, but a 21 yrs old. A little lukewarm with regards to seriousness of testimony, but will post it here anyway to your own good discretion -

http://www.turnerradionetwork.com/news/302-mjt